Pinnacle Family Advisors LLC Lowers Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Family Advisors LLC decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,798 shares of the exchange traded fund’s stock after selling 164 shares during the quarter. Pinnacle Family Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $760,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC bought a new position in shares of Vanguard Real Estate ETF in the 2nd quarter worth $26,000. Eastern Bank purchased a new position in Vanguard Real Estate ETF in the third quarter valued at about $26,000. Triad Wealth Partners LLC bought a new position in Vanguard Real Estate ETF in the second quarter worth about $28,000. Addison Advisors LLC lifted its position in shares of Vanguard Real Estate ETF by 6,350.0% during the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 381 shares during the last quarter. Finally, Voisard Asset Management Group Inc. bought a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $34,000.

Vanguard Real Estate ETF Stock Down 0.5 %

Shares of Vanguard Real Estate ETF stock opened at $96.24 on Wednesday. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The firm’s 50 day moving average price is $95.76 and its 200-day moving average price is $91.33. The company has a market cap of $37.88 billion, a P/E ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF Company Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.